Franklin AZ Tax Free Income R6 (FAZRX)

Fund Assets	590.96M
Expense Ratio	0.55%
Min. Investment	$1,000,000
Turnover	17.42%
Dividend (ttm)	0.35
Dividend Yield	3.62%
Dividend Growth	6.60%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.67
YTD Return	0.77%
1-Year Return	6.16%
5-Year Return	3.29%
52-Week Low	9.44
52-Week High	9.94
Beta (5Y)	0.05
Holdings	155
Inception Date	Aug 1, 2017

About FAZRX

Franklin Arizona Tax-Free Income Fund Class R6 is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both federal and Arizona state personal income taxes. The fund primarily invests in debt securities issued by the State of Arizona and its municipalities, such as bonds for public projects including airports, wastewater systems, and educational institutions. Its portfolio is diversified across various issuers within the state, with a focus on maintaining tax-advantaged income while aiming for capital preservation. The fund holds long-duration municipal bonds, typically resulting in sensitivity to changes in interest rates and credit conditions. This targeted investment approach makes it an important vehicle for Arizona residents seeking tax efficiency in their fixed-income allocation, as it not only helps finance critical public infrastructure but also plays a significant role in supporting local government financing needs.

• Fund Family: Franklin Templeton Investments
• Category: Muni Single State Long
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FAZRX
• Share Class: Class R6
• Index: Bloomberg Municipal Bond TR

Performance

FAZRX had a total return of 6.16% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.70%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FAZZX	Advisor Class	0.58%
FTAZX	Class A1	0.68%
FAZQX	Class A	0.83%
FAZIX	Class C	1.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03241	Jul 31, 2026
Jun 30, 2026	$0.02891	Jun 30, 2026
May 29, 2026	$0.02967	May 29, 2026
Apr 30, 2026	$0.0289	Apr 30, 2026
Mar 31, 2026	$0.03092	Mar 31, 2026
Feb 27, 2026	$0.02642	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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